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  • Ripple’s XRP price is trading in positive territory, with gains of some 0.20% on Monday.
  • XRP/USD remains capped to the upside by $0.2500, which has been observed for over three weeks. 
  • The price has managed to open above a top of a three-week range at $0.2400, via the weekly.

 

XRP/USD weekly chart 

The price has been grinding higher for some five weeks, as the price looks set for a critical close above a three-week range area. Bulls closing in on another convincing attempt at breaking down $0.2500. 


 

XRP/USD daily chart

Price action via the daily is running towards its third consecutive session in the green. A breakout and above $0.2500, should open the door for a $0.3000 return. 

 

Spot rate:                  0.2505

Relative change:       -0.21%

High:                          0.2598

Low:                           0.2471